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Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
Express News | Bny Decreases Prime Lending Rate to 7.75%
Bank of New York Mellon Acquires Stake in Ioneer
What stocks and bonds are bullish for Trump's second term?
Trump's policy proposals are expected to boost bank stocks, value stocks, small cap stocks, and short-term US bonds as well as junk bonds.
BNY to Speak at the Goldman Sachs Financial Services Conference
Shares of Banking and Private Equity Stocks Are Trading Higher After Donald Trump Won the US Presidential Election.
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